Stock Insight: Metallic Frame

Adhunik Metaliks Ltd is the flagship company of the Adhunik Group with its core operations in value-added steel products, alloy steels and stainless steel. The company caters to the requirements of a plethora of industries and the end use of its products are found in utensils and household ware, kitchenware sinks, tubes and pipes, automobiles, railways, furniture, refineries, petrochemicals, nuclear applications, power plants etc. As of now the company is on an aggressive growth trajectory and has been busy implementing its strategic plan of achieving the status of an integrated steel producer. So far it was positioned as a secondary steel manufacturer. In doing so Adhunik Metaliks intends to create linkages across the entire value chain from critical raw materials such as iron ore and coal to produce value-added steel products. The advantage of the new business model stretch far beyond achieving cost efficiencies and ensures significant de-risking of the business. This is especially important in the steel manufacturing industry, where manufacturers are price takers; this aspect combined with the severe supply side constraints within the global indus

This article was originally published on April 01, 2007.